Bankamerica Corp.

January 26, 1986|By Deanne Brandon

TRIPLE WHAMMY. The future of the nation's No. 2 bank was clouded. Bank of America was fined a staggering $4.75 million for failing to report large cash transactions. Its parent company, San Francisco-based BankAmerica Corp., reported a 1985 loss of $178 million loss, much more than most analysts had expected. And having slashed its dividend in August, the big West Coast bank eliminated it altogether for the latest quarter.